I also said it could reach 30 million dollars, and it has now surpassed 34 million dollars. I estimate it will reach 40 million dollars by the end, and a 10x oversubscription shouldn't be a big problem.
Why is everyone so optimistic about Raspberry Boundless?
I'm a bit curious, so I will try to study Boundless from the perspective of its technical advantages, hoping to help you understand the project better.
As an important project in the ZK ecosystem, @boundless_xyz showcases its characteristics through technological innovation and ecological layout.
Technical Advantage - General zkVM Architecture
The zkVM (R0VM 2.0) built on the RISC-V instruction set supports compiling any general program into ZK proofs, breaking the traditional EVM compatibility limitations, allowing developers to directly develop using languages like Rust.
Cost Advantage - Cross-Chain Verification Protocol
By deploying multi-chain native contracts, it realizes a cross-chain distributed proof market, allowing developers to utilize ZK computing power without leaving their original ecosystem, reducing verification costs to $0.0012 per transaction.
Positive Feedback Incentive - PoVW Incentive Mechanism
It pioneers a verifiable proof of work, encrypting the number of ZK computation cycles on-chain and distributing $ZKC rewards based on actual workload, achieving a fair and transparent computing power market.
Core Advantages
Through GPU optimization and kernel reconstruction, the annual cost of Ethereum full-chain proof has been reduced from 170 million dollars to 500 thousand dollars, a reduction of 340 times.
Ecological Collaboration
In-depth cooperation with over 30 projects, including Eigen Layer and Lido, covering scenarios such as ZK Rollup, DeFi, and cross-chain bridges, processing an average of 26 trillion computation cycles daily.
Developer Friendly
Provides a reverse Dutch auction mechanism and standardized API, shortening the ZK integration cycle from several months to several hours, supporting off-chain computation without gas limits.
@Tinaliu333 @RiscZeroCN @boundless_xyz
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